Fiscal Policy News

Donald Trump's proposal at the GOP convention to send $5,000 to every U.S. adult if Republicans win the midterms has drawn immediate criticism from GOP fiscal h

The new Chancellor, in an address echoing Rachel Reeves, emphasized his commitment to fiscal discipline and controlling UK debt to calm market jitters. He state

Fed Governor Christopher Waller stated that the absence of a traditional safety premium for US Treasuries is pushing the neutral interest rate higher, potential

Andy Burnham is set to face his first Prime Minister's Questions (PMQs) amidst rising borrowing costs, with the Resolution Foundation stating that increasing de

The US is pressuring Japan to adopt stricter monetary and fiscal policies as yen weakness persists. The Bank of Japan faces increasing calls to accelerate inter

Japan's Prime Minister stated in a Yomiuri interview that the country aims to cap new bond issuance at 40 trillion yen for fiscal year 2027.

The U.S. national debt has surpassed $40 trillion, prompting top Wall Street strategists David Kelly and Torsten Slok to warn that the bond market will enforce

The article discusses the ongoing U.S. debt crisis, noting that rising deficits and debt-servicing costs no longer seem to compel fiscal prudence. This suggests

The U.S. national debt has reached $40 trillion, with the Trump administration proposing economic growth as a solution to the fiscal crisis. However, economist

Rising interest payments on government debt are creating a new global economic era, requiring tighter budgets and potentially uneven consequences. The situation

The enormous amount of debt in the economy has become the primary concern on Wall Street, overshadowing the AI boom, as global bond markets react to years of in

The bond market is signaling to CEOs that the era of cheap money is over, with borrowing costs set to rise due to factors like the growing U.S. national debt an

The U.S. national debt has reached $40 trillion, as President Trump's efforts to reduce fiscal burdens were undermined by spending on the Iran war, tax cuts, an

Despite a joint $59 billion intervention by Japan and the U.S. to strengthen the yen, the currency has already lost half of its post-intervention gains. Economi

The potential Iran War could mark a significant point in the history of America's fiscal overstretch, as military victories may not overcome the economic realit

The Finance Ministry states that India's economy is resilient despite global challenges, emphasizing the need to reinvent approaches to deal with these issues.

Republicans are reportedly considering another debt limit hike to avoid a fiscal crisis before the 2028 presidential primaries, potentially using a party-line s

A think tank has stated that the government's promises of 'breathing room' have reduced fiscal headroom. This comes as Mr. Burnham, the new Prime Minister, pled

House Republicans are planning a fourth "big, beautiful bill" to target government waste and abuse of federal funds, as confirmed by House Majority Leader Steve

The UK's new prime minister has appointed John Healey as Chancellor of the Exchequer, a choice that aims to address fiscal challenges and reassure bond investor

Andy Burnham's team is keenly aware of the fiscal challenges ahead, with early policies designed to avoid market instability. Despite this caution, the upcoming

The TVK government in Tamil Nadu faces a fiscal challenge in balancing populist measures with economic prudence, echoing a sentiment from former Chief Minister

Japan's benchmark 10-year government bond yield has reached a nearly 30-year high, driven by rising oil prices, inflation concerns, and worries over fiscal poli